H World Group Limited Sponsored ADR (NASDAQ:HTHT) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have been given a consensus rating of “Moderate Buy” by the five brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $61.20.

HTHT has been the topic of a number of research analyst reports. Benchmark reissued a “buy” rating on shares of H World Group in a report on Tuesday, August 18th. Weiss Ratings raised shares of H World Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th.

Hedge Funds Weigh In On H World Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. California State Teachers Retirement System increased its stake in shares of H World Group by 7,047.9% during the second quarter. California State Teachers Retirement System now owns 3,834,277 shares of the company’s stock valued at $159,966,000 after buying an additional 3,780,635 shares during the period. Capital International Investors grew its holdings in H World Group by 71.8% during the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after acquiring an additional 3,483,760 shares in the last quarter. Kontiki Capital Management HK Ltd. grew its holdings in H World Group by 49.6% during the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock worth $174,263,000 after acquiring an additional 1,228,617 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in H World Group by 359.1% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,137,700 shares of the company’s stock valued at $44,495,000 after purchasing an additional 889,869 shares during the period. Finally, True Light Capital Pte. Ltd. purchased a new position in H World Group during the 4th quarter valued at about $37,602,000. Institutional investors own 46.41% of the company’s stock.

H World Group Stock Down 3.5%

NASDAQ HTHT opened at $44.18 on Wednesday. H World Group has a 52 week low of $36.48 and a 52 week high of $56.63. The company has a market capitalization of $13.59 billion, a P/E ratio of 19.46, a price-to-earnings-growth ratio of 1.63 and a beta of 0.15. The stock’s 50-day moving average price is $43.72 and its 200-day moving average price is $47.09. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Monday, August 17th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $998.88 million. H World Group had a net margin of 18.90% and a return on equity of 41.05%. On average, equities research analysts predict that H World Group will post 2.6 earnings per share for the current year.

H World Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $0.87 dividend. This represents a yield of 394.0%. The ex-dividend date is Tuesday, September 8th. H World Group’s dividend payout ratio is currently 112.78%.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.